About Author:
Ashwath Balakrishnan
Ashwath is a financial market and technology junkie. He is a cryptocurrency investor, trader, and enthusiast. He has expertise in market psychology and explaining complex technology in a simple way. He aims to battle misinformation in the cryptocurrency space.
Facebook Pay, a cross-application payment service launched by Facebook, will go live for United States customers this week. The service will be integrated across Facebook, Instagram, WhatsApp, and Messenger. Libra continues to face opposition from global regulators and Facebook Pay may be their way of showcasing their capabilities, November 13,...
Many existing platforms and projects that have received funding to build enterprise blockchains have rolled out a product in 2019. But other than that, funding for these startups has dried out as investors look at opportunities within cryptocurrency and tokenization. As more people become aware of how having a native...
Bitcoin-based payments app Fold has added support for Airbnb. Customers can now earn a 3 percent cashback in Bitcoin when they book Airbnb accommodation through the Fold app; many large companies are being added to bitcoin reward programs, and Fold has already integrated the likes of Starbucks and Amazon, November...
Alan Greenspan, the second longest-serving chairman of the Federal Reserve, has denounced sovereign digital currencies as pointless at an economic conference in China. According to CNBC, Greenspan also criticized Facebook by claiming that the sovereign credit of the United States was stronger than anything Facebook could create or imagine, November...
Lolli, a bitcoin denominated rewards application, has partnered with e-commerce giant Alibaba to bring their customers the ability to earn a cashback in bitcoin on Alibaba's singles day. As the most intensive yearly online shopping festival, singles day poses a huge potential for Lolli users to buy goods at a...
When it comes to crypto, constant debates about fees, hash power, and finding the right mix of efficiency and decentralization are inescapable. In this context, IOTA is a revelation as it eliminates the concepts of network hash power and transaction fees. A targetted goal of creating a mutually beneficial value...
Rohit Chopra, Commissioner of the Federal Trade Commission (FTC), has written an open letter to Federal Reserve chairman Jerome Powell to launch their real-time payments system, FedNow, at the earliest to curb megabank monopolies and private sector abuse, November 7, 2019. Public Sector Curbing Libra It goes without saying that...
Tether, the most widely used stablecoin, has responded to the recent paper update by John Griffin and Amin Shams in trademark fashion. The strongly worded letter breaking down the flaws in the research paper is factful despite Tether's obvious bias in this matter. A majority of analysts in the space...
Cryptocurrency exchange Binance has added native platform support for the Euro through AdvCash deposits. Changpeng Zhao, the founder and CEO of Binance, indicated that many fiat currencies will be added to the platform whilst announcing support for the Russian Ruble last week, November 8, 2019. Fiat to Crypto Expansion At...
In another huge development for Maker Protocol and open finance, DAI has hit its 100 million ceiling, and the community is going in for an executive vote on November 8. The vote to raise the ceiling is expected to be approved unanimously as DAI becomes an integral part of the...
